25 February 2021
Mark Johnson, the man of hundreds of patents: "There is no training to become an inventor"
Philips invests nearly 10 percent of its annual revenue into Research & Development; in 2020, this amounted to 1.9 billion euros. Of this, 40 percent, roughly 700 million euros, goes to Eindhoven, which is the most important and largest innovation hub of Philips worldwide.